Negotiating with a seller can be tough sometimes. If your heart is stuck on a house, but you can get a loan to buy, there’s something you can do. You can’t compete with an all-cash buyer, but you can write a homebuyer’s letter.
Think of it as a love note but more formal that tells the seller why you are the right buyer. So, how does one write this letter?
Let’s take a look at its points:
Look for a Connection
You have visited the house and seen it from top to bottom. Did you find something interesting? Perhaps, certain flowers in the garden you’ve always wanted in your garden or a deck furnished with a loveseat.
These are the small things that can help you build a connection with the seller. Tell them a tale from your past that will melt their heart.
Keep It Short
Don’t get carried away! The point of this letter is to convince the seller to sell you the house, not tell your life story.
Show, Don’t Tell
This is the most important part of letter writing. Here’s an example to help you understand:
Instead of saying, “You have a lovely garden.”
Say, “We have a daughter, and she loves riding her bike. We can already picture her enjoying the vast space.”
Don’t Talk About Any Remodeling Plans
No matter why the seller has put their house on the market, you need to respect their memories. Do not talk about how you will change the house and make it better once you are the owner.
Don’t sound too desperate. Write the letter with happy thoughts. This mind sounds childish, but it will help you phrase your words better.
The last paragraph should reinforce the key points. For example, why you are the right buyer and love the house. Don’t be afraid to reveal your emotions because that’s how you will convince the seller to decide in your favor.
Don’t forget to proofread your letter! Typos will leave a bad taste in the mouth. Ensure you don’t confuse the words their/there/they’re. Ask your friend or family member to read it from a seller’s perspective and give their opinion.
Writing a letter to the seller is not the same as essay writing. You need to be careful with your words and ensure you are not being pushy. You don’t need to follow up on the letter because this will annoy the seller. It’s safe to assume that they have multiple offers, some of which offer a higher price than you.
This is why we can’t emphasize enough that appealing to the seller’s emotional side is very important.
If you are looking for quality Orlando real estate, visit the website Megan Dowdy Realty. Get in touch with our Clermont Florida realtor to learn more about the house-buying process. For further information, call on 407-509-9279.